For Sale
$699,000

2964 Richmond St Philadelphia, PA 19134

11-Unit Residential & Commercial Space

Overview

Added:
Feb 3
Days on market:
80
This exceptional mixed-use development opportunity in Philadelphia's vibrant Port Richmond neighborhood presents a fully approved project ready for immediate construction. The property includes a building permit and comprehensive plans for eleven residential units – ten one-bedroom and one two-bedroom – alongside a substantial 1,385 square foot ground-floor commercial space. Situated on a 0.09-acre lot on a busy commercial street, this location offers unparalleled access to local amenities, including popular restaurants such as Tacconelli's Pizzeria, Mercer Cafe, Gaul & Co. Malt House, The Green Rock Tavern, and nearby grocery options like Riverwards Produce and Stock's Bakery. The development's design incorporates practical and sustainable features, such as dedicated bike storage, commercial storage, and designated trash areas, enhancing both resident and business appeal. The strategic location ensures easy access to public transportation, further increasing its attractiveness. This turnkey project offers a compelling investment opportunity with significant potential for strong returns. Detailed financial projections and additional information are available upon request. The asking price is $699,000.

Property Details for 2964 Richmond St

Property type
Mixed-use properties
Year Built
1915
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.98033
Longitude
-75.10697

FAQs

What type of property is this?
Mixed-use property - 11-Unit Residential & Commercial Space
Where is the mixed-use property located?
The property is located at 2964 Richmond St Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,000.
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2964 Richmond St
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